Kotak Nifty SDL Jul 2028 Index Fund - Regular Plan: Overview, Performance, Portfolio | Mutual Fund | Value Researchhttps://www.valueresearchonline.com/funds/43359/kotak-nifty-sdl-jul-2028-index-fund-regular-plan/Get the latest information and complete track record of 'Kotak Nifty SDL Jul 2028 Index Fund - Regular Plan' schemes, returns, latest NAV and ratings from independent mutual fund research house.
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Kotak Nifty SDL Jul 2028 Index Fund - Regular Plan
This is a fund that comes with a fixed maturity and invests in bonds whose maturity is in line with that of the fund. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. They provide predictability (though not a guarantee) of returns because by staying invested till the end of its term, you can expect to get returns close to its ‘indicative yield’ at the time of making the investment.
They can be a viable option for fixed-income investors whose investment horizon matches the tenure of the fund. Such funds are more attractive when the interest rates are high, so as to 'lock-in' a high rate of return and benefit from it by staying invested for the entire fund tenure.
If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
The scheme seeks to track the Nifty SDL Jul 2028 Index by investing in SDLs, maturing on or before July 2028, subject to tracking difference.
Abhishek Bisen since 15-Mar-2023
Mr. Bisen is a BA and MBA in Finance.
Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Kotak Mahindra Asset Management Company Ltd
022-61152100 / 1800-22-2626
The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai - 400051